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Capitalism: The Best Worst System?

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Randy M. and Melissa
Capitalism: The Best Worst System?

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Capitalism is an economic system based on private ownership, profit-driven enterprise, and market competition. Supporters see it as a powerful engine for innovation, efficiency, and individual freedom, arguing that it rewards hard work and allows people to pursue their own economic interests. In this view, capitalism lifts living standards and expands consumer choice through the dynamic forces of supply and demand. Critics, however, point out that capitalism can concentrate wealth and power in the hands of a few, often at the expense of workers and communities. They argue that it tends to prioritize profit over human needs, contributing to inequality and instability.

  • What are the strongest arguments in favor of capitalism as an economic system?
  • What are the main criticisms of capitalism, and how valid are they in today’s global economy?
  • Does capitalism inherently lead to inequality, or can it be structured to promote fairness?
  • Should the government play a more active role in regulating capitalism, or should markets remain largely free?
  • How has capitalism shaped innovation and technological progress — for better or worse?
  • Are there viable alternatives to capitalism, or is it the best system we have despite its flaws?

What is Capitalism? History, Pros & Cons, vs. Socialism https://www.investopedia.com/terms/c/capitalism.asp
Noam Chomsky – The Alternative to Capitalism https://www.youtube.com/watch?v=RUzquEya6Lw
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In addition to the main topic (above), we also provide breakout rooms at 8pm as follows:
“Philosophy” – philosophy and its applications
“Town Square” – politics and current events
“Conference Room” – open for anything
“The Lounge” – light social chat

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